The Government of Rwanda and the United Nations have signed a major new cooperation framework worth $1.04 billion (over Rwf 1.46 trillion), aimed at accelerating inclusive and sustainable development over…
Business & Tech
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IHS Towers, one of the world’s largest independent owners and operators of telecom towers, is set to exit the Rwandan market in a high-value deal that signals both success and…
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Economy
Banks Have Ample Liquidity to Withstand Short-term Obligations – Central Bank
by KT Press Staff Writer 3:20 pmRwanda’s commercial banks are sitting on record levels of cash, with the Liquidity Coverage Ratio (LCR) now at 337.4%, more than three times what’s required to meet their short-term financial…
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Poland has officially become one of Rwanda’s top ten export destinations in 2024, marking a noticeable entry into Rwanda’s primary trade partners. It reflects the success of a rapidly maturing…
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The Africa CEO Forum, the continent’s premier gathering of top executives and policymakers, is set to return to Rwanda in 2026. The announcement followed a meeting between President Paul Kagame…
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The Auditor General’s 2024 has raised concerns about the Rwanda Social Security Board (RSSB), Rwanda’s largest pension fund, for keeping vast pieces of land in different parts of the country.…
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Economy
From 188-square-meter Office Space, ICPAR Unveils New Head Offices
by Daniel Sabiiti 10:29 pmRwanda’s Institute of Certified Public Accountants (ICPAR) has officially inaugurated its new office building, valued at over Rwf1.5 billion marking a significant achievement in the growth of Rwanda’s accounting…
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Companies
BK Group Launches $40M Rwanda Rise Fund to Finance Small Business Ideas
by Abdoul Talibu 7:58 pmBK Group Plc, Rwanda’s largest financial institution, has launched of the Rwanda Rise Fund, a US$30–40 million private equity fund targeting high-growth small and medium-sized enterprises (SMEs) across Rwanda and…
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Companies
With Financial Scams On the Rise, Rwanda Cracks Down On Get-rich Schemes
by Jean de la Croix Tabaro 3:44 pmKIGALI – An increase in financial scams such as pyramid and Ponzi schemes, which promise high returns on dubious investments, prompted Rwanda’s central bank earlier this year to issue a…
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Technology
German Software Testing Company to Further Invest in Rwanda’s Tech Ecosystem
by Daniel Sabiiti 11:52 amA delegation of German investors in technology development has committed to further invest in Rwanda’s ICT sector skills development ecosystem, despite the current anti-Rwanda political propaganda led by the Belgian…
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Rwanda has announced a significant increase in its national budget for the 2025/2026 fiscal year, rising by over 20% compared to the current revised budget. It is biggest growth ever.…
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In a major step forward for international climate cooperation, Rwanda and Singapore have signed a landmark agreement focused on carbon markets. The deal, finalized between the Government of Rwanda and…